The Intelligence Layer Beyond Your Own Book

The Japanese yen remains under pressure, trading around 158.30 against the U.S. dollar. The yen has been the weakest-performing G10 currency this month as the impact of recent intervention fades, keeping traders alert to the possibility of further official action.

Spot gold continued its strong advance, rising 0.45% this morning to $4,266 an ounce after gaining 4.16% yesterday. The rally has been supported by expectations that lower oil prices following progress toward reopening the Strait of Hormuz will reduce inflationary pressures, allowing the Federal Reserve greater flexibility to hold interest rates steady.

Spot gold continued its strong advance, rising 0.45% this morning to $4,266 an ounce after gaining 4.16% yesterday. The rally has been supported by expectations that lower oil prices following progress toward reopening the Strait of Hormuz will reduce inflationary pressures, allowing the Federal Reserve greater flexibility to hold interest rates steady.